THE FOUNDER of Bridgewater Associates, Ray Dalio has told investors he is increasingly concerned that Trump's "populist" programme will be harmful to the world economy in the longterm.

Dalio (right) had been optimistic about the socalled Trump bump back in November last year but said in a note to investors: "We are now in a period of time when how this balance tilts will be more important to the economy, markets and our well-beings than normally dominant drivers such as central bank polici